gods of money wall street and the death of american century and he is also a political risk consultant so we're going to discuss several more several of the most burning out political and economic issues in the world today mr engel thank you very much for joining us to be here to start off basically a never never before has the world faced so many economic and political problems all at the same time would you say that these conflicts which we're seeing today that here in the dollar situation and what's happening in northern africa and in the middle east do these conflicts feed off each other are they somehow related or not particularly what i see in all these conflicts the decision to bomb libya the crisis with the dollar the crisis with the american economy and the conduct of american foreign policy in the last period. is all part of a breakdown of the entire super power structure that was built up after be end of

the world war two and nobody in washington wants to admit just as nobody in britain a hundred years ago wanted to admit that the british empire was in terminal decline all of this is related to the attempt to keep this sole superpower not only intact but to spread its influence over the rest of the planet and that. not surprisingly much of the world is not too eager to see that so when you say that what's happening in the middle in the middle east or northern africa right now is basically an attempt on the behalf of the united states to keep its game up very much so the. plan was first announced by george w. bush when he was president just after the invasion of iraq in two thousand and three at a g eight meeting and it was called the greater middle east project and that project they they published a map of what they had in mind was the control and the. democratization as they

call it of the entire islamic world from afghanistan pakistan down through iran syria. the persian gulf area the oil producing states there and across north africa all the way to morocco. and the events the so-called arab spring have been planned years back and the instigators of those so-called spontaneous protests these twitter revolts in cairo and tunisia and so forth over the last months have all been. organized. some of the people leaders of the protests have been trained in belgrade in serbia by old poor activists financed by the u.s. state department. this thing has state department and u.s. intelligence all over it. and why why are they doing this well two things in my view one. there is vast wealth in the hands of the

leading circles in the arab world vast wealth sovereign wealth funds of countries like kuwait. and other countries but also just the resources and one of the agendas is to introduce as was done in the soviet union after nine hundred ninety one with the collapse of the soviet union the agenda of i.m.f. privatization free market economy and so forth so that western banks and financial agencies and corporations could come in and take the plunder the second agenda is militarily in places such as libya or south sudan the so-called republic of south sudan to militarize those oil sources that are directly strategic to china's future economic growth so this is all about controlling eurasia something's a big numbers and ski talked about it back in one thousand nine hundred seven in his famous book the grand chess game. and controlling especially russia and china

and any potential cohesion of the eurasian countries economically and politically but as a result of. the so-called arab spring what can we honestly say that middle east and. northern african countries which have gone through with the changes have they really become more democratic gyptian tunisian friends of mine say that it's just the opposite the economy is in far worse shape libya had the highest living standard in all of africa before the bombing of nato today the country is in ruins because of those bombings not because of could offer. the economy of egypt is in dire straits the military remains in control they were in the military high command of egypt was sitting in the pentagon when the revolts kicked off and waited for a signal from the pentagon when to return and take control of those events so while the instigators of the conflicts will turn seem to be you know the united states

and maybe some of the european powers that you know look at libya will they be able to restore normality in these countries or is it not even in their interest i don't think the give a moment's thought to normality or normalization i think what their concern is especially the pentagon is military control the next step will be on this so-called transitional national council in libya is to have that puppet government give nato permanent basing rights inside libya something they never had before under gadhafi saw some of the things defenseless unless they have nato forces in there the african is coordinating this the pentagon's africa command which is. interesting enough created just after china's two thousand and six africa diplomacy were forty heads of african nations were invited to beijing and enormous deals were signed with the chinese companies for oil exploration to build hospitals give soft loans everything the i.m.f. didn't do in africa in the last thirty years the chinese began doing and that had

enormous results for china i know that you have a very interesting opinion of this who was you say pace towards that ways by the united states well you have to go back to the role in the last twenty or thirty years actually began in the eighty's with the role of the dollar as world reserve currency and china has an enormous trade surplus walmart is essentially an outpost of chinese manufacturing in america today so the three hundred billion plus surplus dollars that the central bank of china masses every year what do you do with that well there's few markets big enough to invest in a supposedly big could buy gold for their central bank reserves which they are doing by the way but the only place they can invest it as they see it right now until very recently is either in dollars or in the euro they've got something like three trillion dollars of u.s. dollar treasury bonds or bills as their reserves today so in effect

the u.s. would not be able to finance the deficits that they're running. to wage those wars in afghanistan or wage those wars in iraq or in libya unless the chinese were buying u.s. treasury bonds so ironically the chinese are financing wars directly directed against chinese national interest for energy security or would you say that the united states is going to has any chance of resurfacing from the crisis that it's finding itself in right now the only way as they see it they can they can survive and keep the dollars there instrument wall street i'm talking about is the gods of money and so i call it in my book. is to find new areas of loot so the arab spring is directed against grabbing and privatizing the vast wealth of the arab oil world and the arab world generally just as the use of the i.m.f. in the former soviet union was consciously designed by wall street and by

washington in order to plunder the vast resources of russia and the former soviet union and warsaw pact countries so if the dollar does not retain its superior status do you think there's any likelihood that the euro will ever take it or inherit it rather well one reason that there's this difficulty with greece and these so-called euro zone weaker economies is that this is part of a kind of a covert financial warfare between the dollar and the euro was a reserve currency it started when the chinese started complaining publicly about the. flawed economic policy of of washington running up deficits and endangering the value of chinese treasury bonds so now. just when that became public. suddenly there was a greek crisis and the greek crisis was put in place in two thousand and two before greece under the euro zone by none other than goldman sachs the most powerful bank in america arguably today politically well connected in washington so. it's very

clear if you follow the money trail that that the. crisis was programmed to be detonated at command by wall street and the us treasury as well as the federal reserve in order to defend the reserve currency role of the us dollar but i don't see the european economies endangered as a us because one great difference europe still produces things europe still has a real industry which i believe that from going back to at the beginning of our interview we believe that there is some european countries which benefit from the situation and having say in libya right now like france well i was just going to say sarkozy had a meeting in march when the whole drama in libya kicked off he invited leaders of the so-called transitional national council to paris and made them whispered sweet nothings in their ears about having control of the oil resources of eastern libya

and poured money weapons the cia and the french intelligence have been pouring arms into these insurgent groups inside libya this is an armed insurrection financed by nato countries that libby had sold peaceful twitter revolution of a bunch of kids who have a dream of american style democracy or something this is raw power grab by the french but what do you predict or in your opinion what do you think will happen in libya now i mean the nato troops will have to pull out at some point and then what will be. i imagine an iraq like scenario or afghanistan what do you have in afghanistan you have seventeen permanent u.s. military bases in afghanistan most of them air bases who are not bombing the taliban and they're preparing for a coming war and perhaps ten years with china or maybe with russia they've got a military bastion in the heart of central asia that's something that they never had during the cold war. so i think libya is destined for a similar treatment what role do you think. the in the events which are unraveling

right now i think russia given the history going back more than more than the cold war europe. russia can play a very stabilizing role as a as a counter force to this highly dangerous strategy of the greater middle east project of nato in the us in that region russia can play a very important role blocking. some untoward events from the side of the un security council in syria i don't think trying to the degree you say do be case to the un action. in syria but in more ways than that russia could play a very constructive role i think in the region to try to counter this destabilization i would hope they do. thank you very much for your time.

a very warm welcome this is your news today protesters on the. street they have. to get. the human experiment. and it's. close to. something else with the late. i think it's. us crash. teams. in

a truck season in st the i think strikes me as just programs increase that's what an economist. the headlines on our t.v. and the us vs at unesco washington and funding to the un cultural body after it

granted an historic membership to palestine. the f.b.i. joins the halloween celebrations by sharing its own ghost story releasing surveillance footage starring another chapman and other alleged russian spies. syria says it's ready to implement the demands of the arab league to end the crisis but only if sanctions against assad's regime. more used to come your way at the top of the hour here on r.t. but for now dimitri sport. hello there this is the sports update it's very good to have a company again this so in this bulletin. champions league zinni put his take on. tonight knowing a victory would propel them top of group g.

. capital gains. title credentials this season with victory in four games in the kontinental hockey league. and the girls were kept all the strikes that made the difference in the wake of the first stage of the longest ever season in the russian family. so we start with football weighs in eight cent preparing to kick of game week four in the champions league today's match saying split his men and ten ukrainian short. the russian have been riding high in the competition so far already with three more points at the same stage than in the previous european campaign two is ago victory over port at the end of september there undoubted highlights it's on a case like of though this evening the russian international striker rolled out with an ankle injury meanwhile will travel on the back of an away win in their late

is domestic fixture against alexandria this result between the dinette side within a point of leaders of action gets underway eighteen forty five central european time. group paul two will aim to get back on winning ways when they travel to surprise table top most of the socceroos a similar one and barcelona meanwhile. supremacy on their minds when they take on and respectively of the european giants are joint top of the seven seven points. i . think group a gang will be out for revenge against chelsea the belgians going down five mill last time out against the blue is. informed by a little close and then that one of those viruses out an entire cost to replace. the second seat of my say is the face of the group that pictures. now the russian price is reporting that football is will not be showing up to their tuesday

training session the players pocketing the club which seller and bonuses dating back to last year third from bottom and will have a chance to thoughts for premier league survival as the long russian season splits the top and bottom teams into eight and it's been a great side recently lost three nil to an eight with captain anton has a hinting that the true reason for this defeat lies behind the scenes similar situation is brewing second division side i've seen is not great with unpaid players threatening to boycott matches in november i over to the us now where it says cars hopes of a first ever crown have improved somewhat the last guards beating one of the league's strongest in the east metalworking tosk in the russian capital as consent at the top of now reports. this guy have won just two majors out of eight against me at all when you go ask in the cage and only once on home ice this time the home

side produced an electric start in the suit two or three degrees i discussed striking kristi's which is roughly i mean people read him losing hand just immunity and in italy you have where you know his car stops cory so you should walk a double doing forcing me told to go to new discouraging start for the visitors in the same confuse and the house left for the intermission will be comfortable to mark louise after some probable had dry treatment from still makers head coach global economic and more trying to get back into the game but he wants to star who increase. their lead would have probably gone because there are some was the first in that amount of the shock of powerful slap shot to make it into the goal game with four minutes to go in the second however many told managed to pull one back early in the decisive period as and all moot send them back home on a counterattack to make it three one but four minutes later to sky regain their three goal lead looming past to be just one braccio and the twenty four year old

defender made it four one four minutes before the final buzzer mcculloch's and releasing the read widely intrigue cutting the deficit to two goals in a power play and the visitors put everything on the line in the goal for next to play but failed to get eyes on their chances a serious cause it was just last daniel was confident between the pipes short to the final score you happen to games in a row for out so when we got the two zero lead we knew what happened the last game they tied it so we didn't want to happen again and. we battle hardened in the second period we really got lucky will be there because they really pressure us and we scored thirty goal and powerplay so i think that was the point for the game we came out hard came out the way we wanted to play there were and were successful with. a couple shots in the start of the very americanized to get terrible first of all and second all round has got coined one line up and now seek peace in the western conference well last season's going in cup semifinal and smith all continue

their relatively poor before lunch and stay fief in the concern about that of r t. now graeme and ray has stood down as head coach of the new zealand rugby team the sixty five year old manager living on a high note after selling his country's second while cup triumph last strong's amanda had managed the all blacks for seven seasons i'm stepping down from. how they had enough. i've been involved in a hundred three test matches with hundred forty in total it's been a privilege to be involved with the all blacks i real privilege i know norma's privilege i am very proud of what i have done i will. let it be added to the legacy. of rugby. and that's very important i do this.

it's not sort of in that russia's first ever formula one man vitaly petrov will be with a lotus runner next season the driver is said to be replaced by remark russian for the early circuits sessions at this season's final race in brazil g.p. to champion inclusion will also get to ride instead of which of stablemate going to send it in ultimate a bit of event the teens have struggled this year with patrols third place finish opening race a no go and find a way that result twenty seven will patrol finish eleven days. of the recent grand prix his performance was even criticised by his own team for being quote uninspired. and finally not a single game ended goalless this week in the russian premier league as the size prepared to split into two groups of eight for the second half of the longest domestic season so let's get a recap of all twenty two strikes it for the back of the net tearing the penultimate round it's the goals goal to.

alan. alan. alan. alan.

alan. alan. alan. can. see. coming.

ok up to date no more sports news from around the globe for into.

please. keep saying. it's. probably. a lead.

in toyland. the new entries being called a new mother told us was there to look cool cool grown to be coupon. from a gold so it's a hotel then a princess in bangkok radisson hotel something called dream hotel buncoed so if you tell some time or a grander phone call comes pacific otoh blanco told blanco close enough and even called the radio. syria says it's ready to implement the demands of the arab league to end the ongoing crisis but only if sanctions against assad's regime are lifted. the

u.s. versus at unesco washington curbs funding to the u.n. cultural body after a granted an historic membership to palestine. joining the halloween celebrations by sharing its own ghost stories releasing surveillance footage starring chapman alleged russian spy. and business global markets plunge into another round of volatile trading up to his prime minister called for a referendum on a new plans to bail out the country joining me from more on that and other stories in our. global news live from moscow this is r.t. with me roll received shy and the information war against syria stop funding and supplying weapons to the armed.